Sumary of Alessandro Michele says goodbye to Gucci:
- Regarding the third quarter results, analysts Jeffries Flavio Cereda and Kathryn Parker had highlighted how Gucci was in a state of limbo “as it tries to regain the brand’s attractiveness”, concluding that the brand “needs to make a reversal trending with some urgency.
- An unexpected parting; as it was for the exit of Frida Giannini in 2014. In the statement released by the Kering team, François-Henri Pinault, Chairman and CEO of Kering, underlined how «the way that Gucci and Alessandro have traveled together in recent years is special and it will remain an exceptional moment in the history of this Maison.
- I want to thank Alessandro for his twenty-year commitment to Gucci and, for his vision, dedication and unconditional love for this special Maison, over the years as Creative Director ».
- Of the same opinion Marco Bizzarri, President and CEO of Gucci, who described himself as “lucky” to have met Michele at the end of 2014. “Since then we have had the pleasure of working side by side, while Gucci traced its way to victory, over the past eight years.